We've featured ARMA models in a few of our tutorials before, but this week we'll explore them in rich detail, starting with a clear definition of the process and moving on from there.
In this week’s issue of Tips & Tricks, we consider the process of model comparison, as well as the selection of the best model. Using a monthly total sales time series for Company X, we conduct our preparatory analysis and…
In this week’s “Tips and Tricks” newsletter, we present the analysis, modeling, and forecast for international airline passenger data. We make use of a familiar example that first appeared in Time Series: Forecast and Control, a textbook by Box, Jenkins,…